Assistant Accountant at Britam Insurance Limited

Job Description
Assistant Accountant – (2400002V)

Assistant Accountant  at Britam Insurance Limited September 2024

Job Purpose and Key responsibilities
Job purpose
The
role holder will be responsible for reconciliation of clients’ accounts
and ensure queries from intermediaries are promptly responded.

Key responsibilities

• Cash
  flow management – Daily monitoring of customer accounts and ensure
  adherence to cash before cover policy, handle the collection of premiums
  and find the resolution of account queries.
• Customer retention and loyalty – Timely payment of commission
• Verification of premium payment before processing claim- No claim file not confirmed within 24 hours.
• Allocating daily receipts to all customer accounts
• Providing accounts information to internal departments
• Intermediaries reconciliation- No unreconciled balances more than 30 days Send monthly reconcile statement to intermediaries,
• Liaise with underwriters daily on funds received with no debit for timely postings.
• Support
  all strategic initiatives that are in place which focus on premium
  collection and credit control issues for head office as well as for all
  the branches
• Ensure all customers and direct clients /Agency
  queries are responded immediately. Ensure all commission reports are
  reconciled and paid by 1st week of every month. Ensure all outstanding
  statement are sent by 10th of every month
• Regional cooperation,
  expansion & other assignments:- Ensure all regional queries on
  credit control issues are responded immediately and all reports required
  from receivables are prepared on time
• Deliver on performance requirements as defined in the departments’ strategy map, balanced scorecard and Personal Scorecard.
• Performing other duties as assigned by the supervisor

Key Performance Measures
● Debtors ratio
● TAT for commission payment
● TAT for allocation of receipts
● Debtors ratio
● TAT for commission payment
● TAT for allocation of receipts
● TAT for reconciliation of intermediary balances

Working Relationships
Internal Relationships:
● Responsible to Accountant – Credit Control
● Required to liaise and work closely with claims, underwriting & sales departments

External Relationships:
● Brokers, Agents, Banks and direct customers
● TIRA
TAT for reconciliation of intermediary balances
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Knowledge, experience and qualifications required
1. Bachelor degree (Accounting and Business related options preferred)
2. Knowledge of insurance regulatory requirements
3. Knowledge of Britam products

Primary Location: Tanzania, United Republic of-Dar es Salaam-Dar es Salaam
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Job Posting: 31-08-2024
Unposting Date: 13-09-2024
Number of Openings: 1
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